I have a ski cabin (not on AirBnB) and I don't think most people realize how difficult it is to get these places cleaned reliably. You can hire a very expensive cleaning service that brings in their own sheets and towels, but it's entirely impractical to have a regular cleaning service wait around while the dishwasher and 4 loads of laundry run. In terms of taking garbage to the dumpster, it's difficult to have someone take the garbage cans to the street and bring them back on garbage day. It's basically impossible if there are bears around. If the guests help out the cleaning fees can in principle be much lower. If you want to leave the place trashed like you would leave a hotel, don't complain about $400+ cleaning fees as that service is extremely expensive in resort areas.
scarface74|3 years ago
https://news.ycombinator.com/item?id=34821620
When we leave in the spring, we pay a $110 cleaning fee and the property management company takes care of everything - cleaning, finding guests, cleaning, replenishment, maintenance, and they have a warehouse full of furniture when they need to replace everything.
True they take 48% of the proceeds + 4% escrow to handle major repairs. But I don’t have to deal with anything.
It’s in Florida so of course it’s cyclical. But since we stay there during low season, it covers its own expenses the other half.
This is investment advice. This is not an investment idea. This was a lifestyle choice to give us a place to stay during the winter.
But I would rather get two anal probes than be a traditional landlord again.
Edit: I just noticed you said it was difficult in a resort area.
Our Condotel is very much in a resort area. Three pools onsite, three restaurants, a lake for fishing, a water park, arcade, etc.
Not bragging, we downsized from our the house in the burbs in GA we had built in 2016 (3200 square feet) to a condo 2000 square feet smaller, paid the same price and we saved over $12000 a year in income taxes.
goostavos|3 years ago
>If the guests help out the cleaning fees can in principle be much lower.
is it ever, though?
This cavalier attitude to, like, the basic overhead of running a hospitality business, is why I'm back on team hotel for most stays.
hardtke|3 years ago